V♛ietjet places new order f🎉or 100 A321neo aircraft
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
A conference on cooperatives in the agriculture sector was held onMay 20 in Hanoi to review their development and plan ways to improvetheir effectiveness.
The event was organised by theMinistry of Agriculture and Rural Development (MARD), the VietnamCooperative Alliance (VCA) and the World Bank.
Addressing the conference, MARD Minister Cao Duc Phat said that the keysolution to develop business cooperatives in the sector is not toincrease their number, but to find ways to efficiently manage themdepending on their areas of production - for example, cultivation,breeding, aquaculture or forestry - and to provide them with necessarysupport.
Proper solutions are also needed to engagefarmers in value chain production which facilitates more competitiveagriculture, the minister added, stressing that businesses should notwork independently of thousands of farmers.
He hoped that experience from other countries would help create a better linkage between businesses and farmers.
Ethel Sennhauser, Director of Agriculture Global Practice at the WorldBank, underscored the importance of cooperative business in agriculturebelieved to help farmers access lowered priced supplies of inputmaterials, work in larger scale production and distribute farmingproducts.
During ten sessions of the conference,experts from Colombia, Indonesia and the Philippines gave presentationson the challenges they have overcome in developing their farmer groupsand cooperatives. They discussed how cooperatives get access tofinancial sources, how to operate coffee and aquaculture cooperatives,and governmental support on offer to the groups and cooperatives.
Restructuring agricultural production was determined by the PrimeMinister Nguyen Tan Dung as one of two pillars of key agriculturalreform, which focuses on enhancing the effectiveness of cooperatives andother forms of cooperative businesses.-VNA
See more
Vietnam makes bold push towards 2 million firms amidst global he♔adwinds
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
Fuel prices surge from 3pm on June 19
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
Vietnamese Goods Day promotes Bac 🔜Giang ly𝄹chees in Germany
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
Vietna൩m–Cuba rice partnership sets new model for sustainable food security: media
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Vietnam seeks to expand trade ties with Algeria
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
Vietnamese firms eye🍷 new opportunities w💛ith Nordic partners
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
Reference exchange rate up 31 VND on June 19
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
'Single-Stop' procedure at L🎃ao Bao–Densavan bord🏅er gate halted
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
Cost optimisation soluti🐟ons sought 🉐to support Vietnamese exports to US
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
Phu Quoc to host first fish sauce festival thisꦰ mo✅nth
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
Mastercard reaff▨irms commitment to supporting Vietnam’s cashless future
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Three subsidiar👍ies of Viettel enter Fortune Southeast Asia 500 list
Vietnam has 76 businesses on the list this year, with total revenue of more than 160 billion USD.
Korean firm seeks cooperation in developing urban project in Ba﷽c Ninh
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
Vietnam, India explore cooperation opportuniti෴es in 🅠electricity, electronics sectors
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
Germany inves🏅ts 50 million USD in renewable energy workforce training in Vietnam
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
Savills expert points out three drivers of FDI attraction in Vietnamese real es💧tate
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
Bac🅠 Ninh exerts efforts to ensure businessꦐes thrive
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
H&M, Nordic businesses seek sup💙pliers in Vietnam
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
Reference exchange rate down 3 VND on June 18
The State Bank of Vietnam set the daily reference exchange rate at 24,994 VND on June 18, up 5 VND from the previous day.
